342
THOMSON'S MANUAL
GLADDING., McBEAN & CO.
GENERAL OFFICE: 660 Market Street, San Francisco.
BRANCH OFFICES: Portland, Seattle, Spokane, Los Angeles, Oakland.
HISTORY: Incorporated under laws of California, April 28, 1924, as successor
to a business established in 1875. Since 1923, acquired the Tropico Potteries, Inc,
Flendale, California; Northern Clay Co., Auburn, Washington; Los Angeles
Pressed Brick Co. Los Angeles, California; Denny-Renton Clay & Coal Co.
Seattle, Washington; and purchased the American Fire Brick Co., Spokane,
Washington, in 1929.
BUSINESS: Manufacturing and selling the following products: Terra cotta,
Faience tile, vitrified clay sewer pipe, segment blocks, water pipe, rooftile, flue
lining, chimney pipe, face brick, enameled brick, floor tile, conduit pipe, hollow
zlay tile, fire brick, garden pottery.
PLANTS: Located at Lincoln, Los Angeles, Alberhill, Santa Monica and Glen-
jale, Galits Auburn, Renton and Taylor, Wash.; also Spokane, Wash, and Port-
land, Ore.
OFFICERS: Atholl McBean, Pres.; F. B. Ortman, A. L. Gladding, P. S. MacMich-
ael, W. W. Crocker, L. A. Phillips, E. M, Davids, R. R. Smith, Joshua Green, B. F.
Cake, Jas. S. Cole, Vice Presidents; H. B. Potter, Sec’y and Asst. Treas.; Leon G.
Levy, Treas. and Asst. Sec'y; Thos. W. Jones, E. M. Dundas, J. B. DeGolyer, Jr.
T. C. Stoddard, J. C. Johnston, A. E. Warren Asst. Secretaries and Asst. Treas-
urers; Emil Rueger, Jr.,, M. F. Johansen, Asst. Secretaries.
DIRECTORS: Atholl McBean, San Francisco; F. B. Ortman, Los Angeles; W. M.
Alexander, San Francisco; George I. Cochran, Los Angeles; F. E. Keeler, Los An-
geles; Arthur C. Parsons, Los Angeles; Lee A. Phillips, L.os Angeles; W. W.
Crocker, San Francisco; John S. Drum, San Francisco; K. R. Kingsbury, San
Francisco; Willis G. Hunt, Los Angeles; Ralph Hardacre, Los Angeles; 1. Eisner,
Los Angeles; Howard Frost, Los Angeles: A. B. C. Dohrmann, San Francisco;
Joshua Green, Seattle.
GENERAL COUNSEL: Sloss & Ackerman, San Francisco.
GENERAL AUDITORS: Haskins & Sells, San Francisco.
fiscal Year Ends: Dec. 31. Annual Meeting: Last Wed. in April.
CAPITALIZATION: Par Value Authorized Outstanding
Common Stock ..... Cee ce-ne-NO Par 500,000 shs 226,982 shs
Details: Issued in Jan. 1927, for for- Ex-Dividend Date: Mar., June, Sept.
mer no-par shares on basis of 4 new and Dec. 20.
shares for each share of the old stock Transfer Agent: Crocker First Fed-
held. aral Trust Co., San Francisco.
Dividends: Payable quarterly, Jan, Registrar: American Trust Co. San
Apr., July and Oct. 1. Paid on old Francisco.
stock: 1924, $4.50; 1925, $11.75; 1926, Listed on: Traded in on Los Angeles
$13.00; 1927, $4.00. Paid on new stock: ind San Francisco Curb Exchanges.
1927, $2.00; 1928, $3.000; 1929, $2.50 plus Price Range: 1929 1928
lo, stock in April and Oct.; 1930 to HIgh cus ieee YT 71
April, $1.50 vlus 2% stock. LOW... ee moamamennnonneeeenr D3 V4 64
BALANCE SHEF™ As of Dec. 31
929 1928 1927
3,802,914 . 6,762,300 $ 6,957,814
185,004 186,161 183,733
‘01.238 94.075 87.015
Property, etc. .... ERS
‘nvestments ooo -
Deferred Charges «cceaceecrcecacrmamaannnnes
Current Assets:
Tash and Special DeposSits..o..cocoeccceaannns
Accounts and Notes Receivahle en
fmventories
© nN
386,391
998,193
1,628.293
5 3,012,877
£10 241.439
Total Current Assets. .....ccceoccnnd
TOTAL ASSETS oceeieeeenemnnecennmnnaa- $310.6
LIABILITIES-
Capital Stock ..... eed 6,416,649
Bonded Debt _............. oe eemmemn————— RR
Deferred Liabilities ........ocooooei iii 6,751
SUTrPIUS cooreeemeeercecconeeesssnnneeneeeeennnnnsereeneee 5.186.527
: Current Liabilities:
Notes Payable .....cummmmmsmsmsmmmspmmsseseses
Accounts Payable een
federal Income Tax Reserve................
Other Current Liabilities....... rememnnn
Total Current Liabilities... ................
TOTAL LIABILITIES ooo $
Net Working Capital... eens
Ratio, Cur. Assets to Cur. Liab. ............
Rook Value Common shares... oeeues
= 8
3 6.167,400
9 FQ4 OFF
$ 5,886,400
151,000
2 169.893
50,000
396.903
446.902
$10,198,558
2,709,119
I:1
Sqr ET
500,000
541.146
041 146
$10,..7 439
1.971.131
29:1
